AG NETWORKS
Open bankruptcyA bankruptcy procedure is open for AG NETWORKS according to publications in the Belgian State Gazette; curator: PATRICK VANHOUTVIN. The 2025 annual accounts show equity of €5k and a net result of €-2k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 401 sector peers (2025).
NBB · sector comparisonPosition among 401 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
30 d early
2024
24 d early
2023
80 d late
2022
151 d late
2021
12 d early
2020
16 d late
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5k▼ 30.1%
2024 · €8k
2019: €5k
2020: €10k
2021: €11k
2022: €13k
2023: €7k
2024: €8k
2019 → 2025
Total assets
€225k▼ 2.5%
2024 · €230k
2019: €120k
2020: €704k
2021: €654k
2022: €3.00M
2023: €488k
2024: €230k
2019 → 2025
Net result
€-2k
2024 · €15
2019: €-1k
2020: €5k
2021: €2k
2022: €2k
2023: €-6k
2024: €15
2019 → 2025
Working capital
€-17k
2024 · €13k
2019: €3k
2020: €-46k
2021: €7k
2022: €9k
2023: €-883
2024: €13k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€13k▲ 14.4%€7k▼ 42.8%€8k▲ 0.2%€5k▼ 30.1%
Operating result€16k-€8k▼ 51.2%€5k▼ 37.6%€8k▲ 63.9%€316▼ 96.1%
Net result€2k-€2k▼ 2.4%€-6k€15€-2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets
€25k
Current assets
€200k
Equity and liabilities €225k
Equity
€5k▼ 30.1%
Provisions
€0▼ 100%
Debt
€219k▲ 0.7%
The debt ratio rises from 94.6% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
2.3%▼
2024 · 3.3%
Current ratio
0.92▼
2024 · 1.06
Quick ratio
0.92▼
2024 · 1.06
Debt / equity
41.80▲
2024 · 29.01
ROE
-43.1%▼
2024 · 0.2%
ROA
-1.0%▼
2024 · 0.0%
Debt
€219k▲
2024 · €218k
Debt ≤ 1 year
€216k▼
2024 · €218k
Income taxes
€13▼
2024 · €3k
Staff costs
€3k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€230k€225k▼
Fixed assets21/28-€25k
Financial fixed assets28-€25k
Current assets29/58€230k€200k▼
Amounts receivable within one year40/41€227k€198k▼
Trade receivables40€219k€191k▼
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€230k€225k▼
Equity10/15€8k€5k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€350-
Reserves not available under the articles1311€350-
Distributable reserves133€2k€2k▲
Profit (loss) carried forward14€-728€-3k▼
Provisions and deferred taxes16€5k-
Provisions for liabilities and charges160/5€5k-
Other liabilities and charges164/5€5k-
Amounts payable17/49€218k€219k▲
Amounts payable within one year42/48€218k€216k▼
Trade debts44€193k€216k▲
Suppliers440/4€193k€216k▲
Taxes, remuneration and social security45€25k€546▼
Taxes450/3€12k-
Remuneration and social security454/9€13k€546▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€17k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€5k€-5k▼
Other operating charges640/8€919€5k▲
Non-recurring operating charges66A€41k-
Gross operating margin9900€80k€3k▼
Operating profit (loss)9901€8k€316▼
Financial income75/76B€11€4k▲
Recurring financial income75€11€4k▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€3k€-2k▼
Income taxes67/77€3k€13▼
Profit (loss) for the period9904€15€-2k▼
Profit (loss) for the period to be appropriated9905€15€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-728€-3k▼
Profit (loss) brought forward from the previous period14P€-744€-728▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
22-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · AG NETWORKS BV LIEVEN BAUWENSLAAN 6, 3900 PELT · event 16-01-2025
2024
31-12
Financial
Back to profitnet €15
Net result €15 after one loss-making year.
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 80 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼441%
Net result drops to €-6k, the lowest in the series.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 151 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pelt · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lieven Bauwenslaan 63900 PeltGround area
4.5 ha
Building footprint
1,428 m²
Volume, LiDAR
9,696 m³
Parcel 72502E0102/00E158, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AG NETWORKS
since 20202.296.289.809
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00E158 | Flanders | 4.5 ha | 1 · 1,428 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK VANHOUTVIN HENDRIK VAN VELDEKE-
SINGEL 150 BUS 4, 3500 HASSELT |
16-01-2025 → present |
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 222 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2019
Fiscal year end31-12
Legal name NL
Serra Infra
Activities, NACEBEL
42110Construction of roads and motorways
43240Other construction installation
43299Specialised construction activities
33130Repair, maintenance and installation of machinery and equipment
43130Specialised construction activities
43211General electrical installation work
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.